Friends SpA (MIL:AMI) Interest Coverage: No Debt (1) (As of Dec. 2025) — 100% Below Median

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MIL:AMI Friends SpA MIL:AMI
9 GF Score
Price €1.58
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What is Friends SpA Interest Coverage?

Friends SpA MIL:AMI 9 Interest Coverage is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 10,000.00. GuruFocus rates MIL:AMI with a GF Score™ of 9/100. Among 603 Media - Diversified companies, Friends SpA ranks better than 99.17% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Friends SpA's Operating Income for the six months ended in Dec. 2025 was €-0.31 Mil. Friends SpA's Interest Expense for the six months ended in Dec. 2025 was €0.00 Mil. Friends SpA has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Friends SpA has enough cash to cover all of its debt. Its financial situation is stable.

(1) Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Friends SpA's Interest Coverage or its related term are showing as below:

MIL:AMI' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


MIL:AMI's Interest Coverage is ranked better than
99.17% of 603 companies
in the Media - Diversified industry
Industry Median: 11.88 vs MIL:AMI: No Debt

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Friends SpA  (MIL:AMI) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Friends SpA Interest Coverage Related Terms


Friends SpA Interest Coverage Historical Data

* Premium members only.

The historical data trend for Friends SpA's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Friends SpA Interest Coverage Chart

Friends SpA Annual Data
Trend Dec24 Dec25
Interest Coverage
No Debt No Debt

Friends SpA Semi-Annual Data
Dec24 Jun25 Dec25
Interest Coverage No Debt No Debt No Debt

MIL:AMI vs NFLX, DIS, WBD: Interest Coverage Comparison

For the Entertainment subindustry, Friends SpA's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Friends SpA Interest Coverage vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Friends SpA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Friends SpA's Interest Coverage falls into.


MIL:AMI
9GF Score
Friends SpA MIL:AMI
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Friends SpA Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Friends SpA's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Friends SpA's Interest Expense was €0.00 Mil. Its Operating Income was €-0.31 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Friends SpA had no debt (1).

Friends SpA's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Friends SpA's Interest Expense was €0.00 Mil. Its Operating Income was €-0.31 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Friends SpA had no debt (1).

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Friends SpA (MIL:AMI) has a Interest Coverage of No Debt (1) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Friends SpA and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Friends SpA's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Friends SpA ranks #5 out of 603 companies in the Media - Diversified industry, placing it in the top 0.8%.
Is Friends SpA's Interest Coverage too high?
Friends SpA's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, Friends SpA ranks #5 out of 603 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Friends SpA has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Friends SpA's Interest Coverage compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Friends SpA ranks #5 out of 603 companies for Interest Coverage. This places Friends SpA in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 11.88. Historically, Friends SpA's own Interest Coverage has ranged from 10,000.00 to 10,000.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Media - Diversified company?
The median Interest Coverage among Media - Diversified companies is 11.88, based on 603 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Friends SpA and its competitors. For the Media - Diversified industry, the median Interest Coverage is 11.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Friends SpA's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Friends SpA stock overvalued right now?
Friends SpA (MIL:AMI) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Friends SpA's overall GF Score™ is 9/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Friends SpA (MIL:AMI), the current Interest Coverage is No Debt (1) as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Friends SpA Business Description

Address Via dei Sormani, 3, Milan, ITA, 20144
Friends SpA operates in the live music and events sector. It handles various activities, including concerts, sponsorships, events, television productions, and multimedia. The company is currently organized into several divisions, each specialized and dedicated to different business sectors, pursuing corporate objectives and actively collaborating with each other, combining people and skills: Direction and Management, Concerts, Events & TV, Production, Management, Artist Management, Creative Division, Ticketing, Promotion & Digital Marketing.
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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